520 Plz Cañon Dr Taos, NM 87571
This exceptional 11,312 square foot, single-story Class A flex space in Taos, New Mexico, presents a unique investment opportunity. Built in 2017 on a 1.53-acre lot, this fee-simple property boasts a versatile layout ideal for a variety of uses. Currently configured with a full commercial kitchen, bowling lanes, and pin setters, the space offers flexible options for customization to suit your specific business needs. Zoned T5B, permitted uses include retail, restaurants, entertainment venues (including liquor establishments), offices, hotels, light manufacturing, and even residential spaces. The property is offered at significantly below current replacement cost, making it an attractive proposition for owner-users. Located at 520 Plaza Cañon Dr, Taos, NM 87571, this property benefits from Taos's thriving tourism industry and its rich cultural heritage, attracting visitors from around the globe. The property's strategic location provides easy access to major attractions such as Taos Pueblo, Taos Ski Valley, and the Rio Grande Gorge Bridge. This is a rare opportunity to acquire a modern, versatile commercial property in a desirable location with significant upside potential. All existing equipment is included, offering a turnkey solution for the right buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.